Assistant manager - audit

Purpose of the Job:

To ensure adherence and enforcement of the firm’s audit policies and procedures in a professional manner and to provide leadership to all the assigned audit staff.

Main Duties and Responsibilities:

The duties and responsibilities are as follows:

I. Managerial Roles and Responsibilities:

• Participate in carrying out the audit scheduling and staff allocation for all audits of the team/cluster.
• Work closely with managers to approve the audit-planning memorandum, prior to commencement of the audit for all audits.
• Monitoring allocated jobs and co-coordinating with the supervisor to ensure adherence to audit time frames and budgets.
• Ensuring that all the financial statements are properly called over and meet the firm’s quality standards.
• Reviewing the management letter prior to the partner's review and ensuring response and doing the necessary follow up.
• Ensure the financial statements are sent expeditiously to client and returned back to the office.
• Liaise with tax department to ensure tax returns and payments are made on time.
• Liaise with secretarial department to ensure board minutes, resolutions and shareholders meetings/resolutions are done and annual returns filed on a timely basis.
• Submit regular report to partners on overdue audits/delayed audits/jobs not commenced.
• Build and maintain cordial relationship with clients.
• Active participation in practice development.

II. Operational Roles and Responsibilities:

• Managing and overseeing junior team, including interns.
• Participating in recruiting, screening candidates, head hunting, and interviewing of prospective junior team members.
• Supporting management in budget planning and budget control.
• Training associates on the job and teaching them work procedures and processes.
• Assisting partners in billing/collection for all the clients under his portfolio.
• Approving the annual/study leave for all the team staff in consultation with the audit partner.
• Assisting the partners in carrying out job/annual evaluations of audit team.
• Perform any other duties as may be assigned from time to time.

Requirements

Key Result Areas:

• Effective management of assigned client portfolio.
• Timely review of relevant audit reports.
• Effective and timely execution of Audit related projects.
• Effective contribution to the department’s business development initiatives.
• Effective leadership and management of assigned team.